
Minemark Solutions Private Limited
About Minemark Solutions Private Limited
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Minemark Solutions Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the service-based operations segment of the business services sector. It was incorporated on 11 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2018PTC176572. Its GSTIN is 27AALCM8322P1ZR (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.8 Lakh. It is led by directors including Narendra Narayan Penta and Kiran Vasudeo Nabar.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at S. No. 25/2 Behind Sai Hotel Shrirang Niwas Jagtap Dairy, Pune, Maharashtra, India – 411027.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.27 Lakh, a decline of 37% compared to the previous year. For the same year it recorded a net loss of ₹1.06 Lakh (net margin -83.6%) and EBITDA of -₹53,615 (EBITDA margin -42.3%). Revenue has grown at a compounded annual rate (CAGR) of 195% over three years.
Company details
Recognitions & Rankings of Minemark Solutions
Contact details
Minemark Solutions Private Limited's registered office is in Pune, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressS. No. 25/2 Behind Sai Hotel Shrirang Niwas Jagtap Dairy, Pune, Maharashtra, India – 411027
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
To see the full contact details of Minemark Solutions Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Minemark Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Minemark Solutions Private Limited, buy the company report.
Financials of Minemark Solutions Private Limited
FY 2022 filings availableMinemark Solutions Private Limited reported revenue of ₹1.27 Lakh (down 37% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 37% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 195%. EBITDA rose 97% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹53,615 | |||
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| Net Profit (PAT) | -₹1.06 Lakh | |||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | ||||
| EBITDA Margin | -42.3% | |||
| Net Profit Margin | -83.6% | |||
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To see the full financial statements and ratios of Minemark Solutions Private Limited, buy the company report.
Board of directors of Minemark Solutions Private Limited
Minemark Solutions has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narendra Narayan Penta | Director | 11 May 2018 | 8 Years 5 Months | Current |
| Kiran Vasudeo Nabar | Director | 14 May 2018 | 8 Years 5 Months | Current |
| Ravindra Rangarao Kulkarni Also directs: Vevanesca Consultants Private Limited | Director | 11 May 2018 | 8 Years 5 Months | Current |
| Madhav Narayan Shintre | Director | 14 May 2018 | 8 Years 5 Months | Current |
Peer comparison
Minemark Solutions Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Roydon Mep Contracting Private Limited | ₹1.27 Lakh (FY 2024) | -6.0% | Hyderabad, Telangana, India | |||
| Hospidesign Consultants Private Limited | ₹1.27 Lakh (FY 2024) | Rahatani, Maharashtra, India | ||||
| Redcubical Systems Private Limited | ₹1.27 Lakh (FY 2025) | Dehradun, Uttarakhand, India | ||||
| VS Infosolutions Private Limited | ₹1.27 Lakh (FY 2019) | Thane, Maharashtra, India | ||||
| Minemark Solutions Private Limitedthis company | ₹1.27 Lakh (FY 2022) | -₹1.06 Lakh | -83.6% | -37.0% | Pune, Maharashtra, India | |
| A2ze Data Services Private Limited | ₹1.26 Lakh (FY 2025) | 2147.0% | Noida, Uttar Pradesh, India | |||
| Gandharvalok Lifestyle India Private Limited | ₹1.26 Lakh (FY 2024) | 5.0% | Chennai, Tamil Nadu, India | |||
| Pradhuash India Private Limited | ₹1.26 Lakh (FY 2022) | Banda, Madhya Pradesh, India | ||||
| Appcam Security Solution (OPC) Private Limited | ₹1.26 Lakh (FY 2019) | Patna, Bihar, India |
To see the full peer comparison of Minemark Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Minemark Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Minemark Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Minemark Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCM8322P1ZR | Maharashtra | Active | 01 Jun 2018 |
To see the full GST registrations and return filing status of Minemark Solutions Private Limited, buy the company report.
Recent activity
Minemark Solutions Private Limited has 8 board changes on record since 2018: 4 appointments and 4 cessations. The latest: Kiran Vasudeo Nabar ceased to be Additional Director on 31 Dec 2019.
Frequently asked questions
Minemark Solutions is an active private limited company based in Pune, Maharashtra, India. The company works in other services, within the business services industry. It was incorporated on 11 May 2018 (8+ years old) and is registered under CIN U74999PN2018PTC176572.
Minemark Solutions has 4 current directors:
- Narendra Narayan Penta - Director
- Kiran Vasudeo Nabar - Director
- Ravindra Rangarao Kulkarni - Director
- Madhav Narayan Shintre - Director
The latest financial statements of Minemark Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Minemark Solutions is 27AALCM8322P1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Minemark Solutions is U74999PN2018PTC176572. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Minemark Solutions was incorporated on 11 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Minemark Solutions by revenue are Roydon Mep Contracting Private Limited, Hospidesign Consultants Private Limited, Redcubical Systems Private Limited, VS Infosolutions Private Limited, A2ze Data Services Private Limited and 3 more, all in the same principal business activity (other professional, scientific and technical activities).
Kiran Vasudeo Nabar ceased to be Additional Director on 31 Dec 2019. Madhav Narayan Shintre ceased to be Additional Director on 31 Dec 2019. Vijaykumar Murlidhar Mirajkar ceased to be Director on 21 Aug 2019. Minemark Solutions has 8 board changes on record in total.
Yes, Minemark Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Minemark Solutions is at S. No. 252 Behind Sai Hotel Shrirang Niwas Jagtap Dairy, Pune, Maharashtra, India – 411027.
Minemark Solutions operates in the business services industry, in the other services segment.